Israel
Daika Wood, founded in 2020 and headquartered in Israel, is innovating sustainable solutions in the Manufacturing and 3D Printing industries. Their mission is encapsulated in their slogan: "Transforming Wood Waste into Mass Manufacturable Natural Wood Products, Sustainably."
The company has developed a new industrial material, fully composed of shredded wood waste and raw, nontoxic ingredients, which excludes any plastic or petroleum-based components. With an initial proof-of-concept already achieved, Daika Wood is well-positioned to target markets in indoor design (like wall panels and furniture) and construction materials. Their approach not only emphasizes sustainability but also preserves the inherent properties of wood, such as warmth and acoustics.
Notably, Daika Wood received a Non Equity Assistance investment on 21 October 2020 from MassChallenge, marking their readiness to disrupt traditional wood supply chains. Investors interested in sustainable materials and eco-friendly innovation should closely consider this promising venture.
